The 7/20/18 Weekend Report Preview

The Dollar

The dollar formed a daily swing high on Friday to set up a left translated daily cycle formation.

The dollar is in its 5th daily cycle, therefore we are expecting a left translated daily cycle formation. Friday’s close below the 10 day MA signals the daily cycle decline. A close below the 50 day MA will signal that the intermediate cycle decline has begun. The dollar is in a daily uptrend. But a close below the lower daily cycle band will end the daily uptrend and begin the daily downtrend. It will also signal that the intermediate cycle is in decline.

Stocks

Stocks formed a daily swing high this week setting up a potential left translated daily cycle formation.

A close below the 10 day MA will signal that the daily cycle decline has begun. Stocks are currently in a weekly uptrend. But a close below the lower daily cycle band will end the daily uptrend and begin a daily downtrend.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

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The 7/13/18 Weekend Report Preview

The Dollar

The dollar closed above the declining trend line and 10 day MA on Wednesday to confirm the new daily cycle.

This is the 5th daily cycle for the current intermediate cycle. Therefore we are expecting a left translated daily cycle formation to trigger the intermediate cycle decline. Friday’s bearish reversal on day 4 indicates a left translated daily cycle formation. A break below 94.43 will form a daily swing high to signal the daily cycle decline.

Stocks

Stocks printed a new high on Friday, day 10.

While stocks printed a new high on Friday, there are bearish divergences developing on the oscillators. The status of the intermediate cycle has us expecting a left translated daily cycle formation. A swing high and a break below the daily cycle trend line would indicate that the daily cycle decline has begun. Stocks are in a daily uptrend. They will remain in their uptrend unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 7/06/18 Weekend Report Preview

The Dollar

The dollar peaked on day 11. It formed a swing high, negating the break out. It closed below the 10 day MA, turning it lower to signal the daily cycle decline. The dollar then closed below the daily cycle trend line to confirm the daily cycle decline.

Friday was day 16 for the dollar’s daily cycle. While the dollar managed to find support at the rising 50 day MA, it is a bit early to expect a DCL to form. And with the dollar in its timing band for an intermediate cycle decline it is more likely to see the dollar break below the 50 day MA to continue its daily cycle decline. The dollar is currently in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

Stocks closed convincingly above the declining daily cycle trend line on Friday to confirm the new daily cycle.

Stocks also closed above the upper daily cycle band. This ends the daily downtrend and begins a daily uptrend. With this being week 21 for the intermediate cycle we need to watch for a left translated daily cycle formation.

The decline into the DCL caused stocks to close below the 10 week MA. But the rally into the new daily cycle allowed stocks to regain the 10 week MA. At 21 weeks, stocks are in their timing band for a intermediate cycle decline. A weekly swing high and break below the weekly trend line is needed to confirm the intermediate cycle decline. Stocks are in a weekly uptrend. They will remain in their weekly uptrend unless they close below the lower weekly cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 6/29/18 Weekend Report Preview

The Dollar

Friday’s bull trap signals the daily cycle is in decline.

The dollar closed above the previous high on Thursday. But Friday’s huge bearish candle closed below the 10 day MA and manged to turn the 10 DMA lower to signal the daily cycle decline. While a new high on day 11 shifts the odds towards a right translated daily cycle formation, the bull trap and huge sell off on Friday has me thinking that the dollar will form a failed daily cycle. Currently, the dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

On Friday, stocks formed a swing low and closed above the 50 day MA to signal a new daily cycle.


Stocks printed their lowest point on Thursday, day 39, placing them in their timing band for a DCL. While Friday’s swing low indicates a new daily cycle, stocks will need to break above the declining trend line to confirm the new daily cycle. Stocks have begun a daily downtrend. They will remain in its downtrend unless they close above the upper daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 6/22/18 Weekend Report Preview

The Dollar

The dollar’s bearish reversal on day 5 sets up a left translated daily cycle formation.

The dollar followed up Thursday’s bearish reversal by forming a daily swing high. The dollar also closed below the 10 day MA on Friday to signal the beginning of the daily cycle decline. A peak on day 5 indicates a left translated daily cycle formation which aligns with our intermediate cycle framework, which I discuss in the Weekend Report. However, the dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

The daily equity cycle peaked on day 28. Then went on to form a swing high and close below the day 10 MA to signal the daily cycle decline. Stocks printed their lowest point on Tuesday, day 32, which places stocks in their timing band for a DCL. Wednesday’s swing low signaled a new daily cycle.

But stocks formed a swing high on Thursday, negating Wednesday’s swing low. A break below 2743.19 will extend the daily cycle decline. But a close back above the 10 day MA will signal a new daily cycle. Stocks are in a daily uptrend and will remain so unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The Mighty Dollar

The dollar ended last week forming a weekly swing high that followed the tag of the 50 week MA.

The weekly swing high signaled that the beginning of the intermediate cycle decline. This also aligned with our longer term view of the dollar declining into its 3 year cycle.

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The dollar began the day on Thursday by breaking below the day 36 low. At first it appeared that the new daily cycle was rolling over on day 4.

Then boom.

The dollar began to rally and closed near the high of the day to print a bullish engulfing candle. This extends the daily cycle decline to make Thursday day 41 of an extended daily cycle. The below the bullish engulfing candle eases the parameters for forming a swing low. A break above 94.61 forms a swing low to confirm the new daily cycle. The dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

The dollar certainly surprised us with its bullish print on Thursday. Since surprises tend to arrive on the side of the trend, Thursday’s dollar surprise clearly indicates a bullish trend. In the Weekend report I plan to discuss what Thursday’s bullish surprise means on the longer term 3 year cycle . And what would need to happen to cause us to change our longer term 3 year cycle framework.

About to Cross the Line

The dollar printed its lowest point on Thursday, day 36, placing it late in its timing band for a DCL. Friday’s swing low signals a new daily cycle.

The dollar needs to break above the declining daily cycle trend line to confirm the new daily cycle. And a bullish break above the declining trend line will likely send the Miners lower.

Monday was day 12 for the daily Miner cycle. So if the dollar delivers a bullish break of its declining trend line confirming its new daily cycle that will likely send the Miners lower. A break below the daily cycle trend line for the Miners will confirm the daily cycle decline. And with a peak on day 1 assures us of a left translated daily cycle formation.

So while the dollar is on the verge of confirming a new daily cycle, the dollar is nearing its timing band for an intermediate cycle decline. In my Special Report: The Dollar’s Kiss Goodbye I discuss where the dollar is on its weekly cycle. I also look at where it is on the longer term 15 year super cycle. I cover the last time the dollar delivered a Kiss Goodbye and the 151% gain that followed in the Miners – and – how the current set up is similar.

I would like to make available the special report The Dollar’s Kiss Goodbye and a complementary 6 week trial subscription to the Likesmoney Premium Site is available for $15.

The complementary subscription will give you full access to the premium site. It includes:

1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker & the Likesmoney Trend Tracker.

2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily and weekly charts for the above mentioned asset classes.

3)The Weekend Updates take a look of the daily & weekly charts of the Dax, GYX, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

5) Frequent updates of my proprietary FAS Buy/Sell Indicator

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.

For the Likesmoney special report The Dollar’s Kiss Goodbye and 6 week trial subscription offer click here.

Current subscribers can access the report here.

The 6/08/18 Weekend Report Preview

The Dollar

The dollar printed its lowest point on Thursday, day 36, placing it late in its timing band for a DCL. Friday’s swing low signals a new daily cycle.

The dollar needs to break above the declining trend line to confirm the new daily cycle. Confirmation of a new daily cycle will indicate that the dollar is beginning its 4th daily cycle. Which makes it likely to be the terminal daily cycle for the current intermediate cycle. Therefore we will be watching for the new daily cycle to form as a left translated cycle to usher in the intermediate cycle decline. The dollar is in a daily uptrend. It will remain in its daily uptrend unless it closes below the lower daily cycle band.

Stocks

Stocks closed at a new daily cycle high on Friday. However the over 2.7 billion Selling on Strength over the past 6 trading days warrants caution.

While stocks closed at a new daily cycle high on Friday, Thursday remains as the daily cycle peak. Unless stocks break higher, day 24 would remain as the daily cycle peak. Therefore a break below 2760.16 would form a daily swing high to signal daily cycle decline. A break below the daily cycle trend line would then confirm the daily cycle decline. Stocks continue to close above the upper daily cycle band indicating a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 6/01/18 Weekend Report Preview

The Dollar

The dollar formed a swing high on Wednesday and broke the daily cycle trend line on Thursday to signal the daily cycle decline.

Friday was day 32 for the dollar’s daily cycle. The dollar should close below the 10 day MA and turn it lower before a daily cycle low can form. The peak on day 29 assures us of a right translated daily cycle formation. The dollar is in a daily uptrend. It will remain in its uptrend unless it closes below the lower daily cycle band.

Stocks

With the Russell breaking out to new highs on Wednesday and the Nasdaq on Friday I suspect that the S&P will follow suit..

Stocks formed a swing low & closed back above the 10 DMA to signal that day 17 hosted a half cycle low. Stocks also closed above the upper daily cycle band to remain in its daily uptrend. Stocks need to break above the day 13 high of 2742.24 in order to form a right translated daily cycle.

However the large Selling on Strength print signals that the daily cycle may be topping …

There was a 635 million Selling on Strength number that printed on Friday. While stocks can still rally higher, this signals caution going forward.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 5/25/18 Weekend Report Preview

The Dollar
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The new high on Friday, day 25, locks in a right translated daily cycle formation.

Friday was day 25, placing the dollar in its timing band for a DCL. A swing high and a break below the daily cycle trend line is needed to confirm the daily cycle decline. The dollar is in a daily uptrend. So once the daily cycle decline begins, if a swing low forms above the lower daily cycle band the dollar will remain in its daily uptrend.

Stocks

Stocks have been consolidating for the past 12 days since emerging from the day 23 low.

Friday was day 16 for the daily equity cycle. Stocks will need to break above the day 13 high of 2742.24 in order for form a right translated daily cycle. Stocks are currently in a daily uptrend. If a swing low forms above the lower daily cycle band they will remain in their daily uptrend.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report